decisions to hold or sell a winning or losing investment, in the form of the disposition effect. As expected the results suggest …

hold or sell a winning or losing investment, in the form of the disposition effect. As expected the results suggest that in …

, a behavioural bias dubbed the disposition effect. We examine a comprehensive data set comprised of trading records for … previous studies, we find that the disposition effect exists for not only individuals, but alsofor institutions. We conclude … trading experience and the disposition effect. Both individuals and institutions exhibit learning effects over time, with the …